On 8th October 2024, the company announced that it became an AIM Rule 15 cash shell. The Company will seek to realise value from the IP developed to date if it can. As an AIM Rule 15 cash shell the Company will have six months to make an acquisition or acquisitions which constitutes a reverse takeover under AIM Rule 14. Where, within six months, an AIM Rule 15 cash shell does not complete a reverse takeover as set out in AIM Rule 15, the Exchange will suspend trading in the AIM securities pursuant to AIM Rule 40.
Our story
We have applied brilliant engineering to create technology that will contribute to solving some of the world’s biggest climate change problems.
Every industry now has a responsibility to improve its environmental credentials, which can seem like an insurmountable task given the equal effort to improve cost efficiencies. Join us as we take you through our story of why we have developed exceptional technology and what investment in it means for a sustainable future.
Technology
The Waste Heat Recovery (WHR) technology and solutions we have developed reduce both running costs and the all-important carbon footprint whilst recovering wasted energy in its process.
We are currently working in several sectors to apply our WHR applications and one of these is marine engine manufacture. In November 2020 we agreed a letter of support with Volvo Penta, a major global player in marine engines. We are looking to deliver an adapted Volvo Penta D13 engine incorporating our WHR technology to recover the waste exhaust energy to maximise fuel and cost savings and also reduce environmental impact.
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